Cloud infrastructure spend to crack $90B and overtake non-cloud in 2022: IDC
Analyst outfit IDC has predicted that the world's IT buyers will spend more on infrastructure intended for use in clouds than in other scenarios some time during 2022.
The firm's latest Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, found that spending on compute and storage infrastructure products for cloud deployments jumped 17.2 percent year over year in the first quarter of 2022 to $18.3 billion. To understand the rest of the analyst's forecasts, know that IDC uses the following definitions for clouds:are those shared among unrelated enterprises and/or consumers, open to a largely unrestricted universe of potential users, and designed for a market, not a single enterprise.are delivered as subscriptions or managed service agreements provided by cloud, colocation, outsourcing, or managed service providers to their enterprise customers.
IDC said spend on shared cloud infrastructure reached $12.5 billion in 1Q22, up 15.7 percent compared to a year ago. Spending on dedicated cloud infrastructure increased 20.5 percent year over year in 1Q22 to $5.9 billion. Of the total dedicated cloud infrastructure, 47.8 percent was deployed on customer premises.
By year's end, IDC expects $90.2 billion will have been spent on cloud infrastructure – 22 percent growth compared to 2021. Shared cloud infrastructure is predicted to grow at 24.3 percent to $63.9 billion for the full year, while dedicated cloud infrastructure will improve sales by 16.8 percent to $26.3 billion for the full year.
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